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Search Results 0 to 49 of about 112 (some duplicates have been removed)
in the united states. the economy. the obama campaign flatly says you're lying. lying about the cost of your tax plan, you're proposed tax reforms. so far you haven't released a lot of specifics about eliminating various loopholes or you've said your tax cuts would be revenue neutral you wouldn't add to the deficit. let's go through how you would do that. specifically home mortgage deductions, charitable mortgage contributions. are you ready to remove those? what's going on? >> well, i've made pretty clear that my prirnls are number one simplify the code. number two, create incentives for small and large businesses to grow. number three, don't reduce the burden on high income taxpayers. and number four, remove the burden somewhat for middle income people. i don't want to raise taxes on any group of americans. those are the principles. at the same time how we carry them out would be lowering the tax rate across the board and making up for that, both with additional growth and with putting a limit on deductions and exemptions, particularly for people at the high end. those are principles which for
's the world economy and the u.s. economy. the imf cited two reasons things could get worse, first if european lead s fail to support their ailing economies and second if leaders here in the united states let us plunge over the fiscal cliff. the imf sister organization, the world bank citing the same two factors, cut its growth forecast for asia this week as well. now, that's for the next couple of years. where are we going to be in 2016, four years from now, when we're discussing the next u.s. election? that depends on which of these two roads america takes on election day. i'll take you down both paths on this show starting with what 2016 will look like under a president mitt romney. start with jobs. he says 12 million jobs will be created in the next four years. as i keep telling you, that claim it ridiculous, considering the sluggish growth we're seeing right now and the new downward revision. but for the purposes of this exercise, i'll take him at his word and presume an historic surge in jobs lies ahead. let's talk about taxes next. i'm going to let governor romney explain this for himse
>>> this is fareed zakaria. welcome from all over. i'm fareed zakaria. the state economy. i was the topic of this week's presidential debate and be deciding week of the election. we're often told we need to get businesses to start investing and hiring. well, we have three powerhouse ceos on the show. lloyd blankfein of goldman sachs, andrew liveris of dow chemical, and john chambers of cisco systems. next, 11 years after 9/11, do we have to worry about al qaeda again? i'll talk to the former cia chief michael hayden about the aftermath of the benghazi attack. >>> and salman rushdie hiding after a threat was placed on his life. >>> also, if china's growth slows, should the rest of us cheer? no. i'll explain. first, here's my take. sometimes convention wisdom is right. minutes after the debate, the pundits declared mitt romney the winner. he was. he seemed engaged, forceful, punchy. obama seemed passive, detached, and glum. but what's more significant than how romney said things is what he said. romney repeatedly insisted he was not advocating a big tax cut. in fact, he declar
the election's all about the economy and both men were trading jabs today in the battleground state of virginia. >> today's news certainly is not an excuse to try to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> when i'm president of the united states, that unemployment rate is going to come down not because people are giving up and dropping out of the work force, but because we're creating more jobs. i will create jobs and get america working again. >> let's get right to tonight's big story. with senator john mccain, the arizona senator and former presidential candidate joining me now. welcome to you, senator. >> thank you, piers. >> we are going to come to the debate in a moment. you've been one of the only people who debated both barack obama and mitt romney so you're in a unique place to tell me what you made of the new style romney and indeed, obama. before we get there, though, today's big news on the jobs front. whichever way you spin this from the republican side, this has to be good news not only for the p
's still the economy. campaigning in virginia coal country, mitt romney tried to dig through the latest jobs numbers. to make the case, he has not hit just yet. >> fewer new jobs created this month than last month and the unemployment rate, as you know to this year, has come down very slowly. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> still, one of romney's key metrics on the president's handling of the economy went up in smoke when the nation's unemployment rate dipped below 8%. >> 88% unemployment for over, what 43 months. >> we still have unemployment above 8%. >> he told us to get us back to work and hold unemployment for 8%. >> month after month, after month. >> it's a political bar rising. proposing statement at the first presidential debate. >> we've had 43 straight months with unemployment above 8%. if i'm president, i will help create 12 million new jobs in this country with rising incomes. >> reporter: but romney notes the president has fallen short of estimates set by the own economic advis
condition about the economy. >> it comes down to trust. therefore we have to trust him generally. and his position about aboion has flipped all over the place. >> it hasn't. and what he is referring to let me put the allegation to you, the allegation that he was saying before that i want to repeal row versus wade and i want the power to revert to states and now he is saying he has no plans with the power to refer to abortion. >> he is referring to whether or not there were piles of legislation in congress that he is pursuing in his presidency. and he has said it yet today that we will not be funding abortion with tax pay or money. he is a pro life president and people at the point of conception deserve the freedoms as preserved by our constitut n constitution. this is a rabbit trail. you want to talk about trust. he said he was going to cut the deficit in half. that is trust. if a politician changes his position on issues do you see it as a cynical exercise? >> no. listen, i hear what you are saying. i think it is possible to learn things about legislation and determine things as you go
months. the economy created more jobs than previously estimated. there are people who don't like this number at all. leading the band is the legendary ceo of general electric, jack welch. jack, you made a lot of news today. here's the tweet you put out this morning. unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. and i'm just wondering, i understand the way it works the president gets a heads up on the unemployment number 4:00 the day before and has to keep it to himself. you're saying in your tweet this morning that the news went the other way, the people working for the president somehow got the bureau of labor statistics and played with the numbers so it's down below 8 today. how does it work from your perspective? what happened here? >> all i can talk about are some of the numbers. we had 600,000 government jobs added in the last two months. we had 873,000 jobs by a household survey, which is a total estimate, from 50,000 phone calls. of those 600,000 were temporary workers. chris, these numbers are all a series of assumptions.
the economy to score a few political points. it's a reminder that this country has come too far to turn back now. [ applause ] >> when i'm president of the united states -- [ applause ] >> -- that unemployment rate is going to come down, not because people are giving up and dropping out of the work force, but because we're creating more jobs. i will create more jobs and get america working again. >> let's get right to tonight's big story. we're with john mccain, former presidential candidate, and he joins me now. welcome to you, senator. >> thank you, piers. >> when it comes to the debate, you were one of the only people, actually, who has debated both barack obama and mitt romney, so you are in a unique place to tell me what you made of both of their performance. whatever way you spin this from the republican side, the job front has to be good news not only for the president but also america, but the number has now gone down to 7.8% for the first time since 8% of his presidency. >> i think that's found to be good news, but i also think you have to take it in the context that 7.8% is still u
. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> so it looks like unemployment is getting better, but the truth is if the same share of people were participating in the work force today as on the day the president got elected, our unemployment rate would be around 11%. that's the real reality of what's happening out there. >> you hear mitt romney pivoting talking about the real unemployment rate at 11%, so i -- i guess that's his pivot coming off the unemployment rate yesterday. randi, why does all this matter? as you mentioned off the top, the economy by far the number one issue with americans. take a look at this, from our cnn/orc international poll. we did it about a week ago before the first debate but i don't think it will change people's perceptions. by far the economy remains the top issue on the minds of americans. it's been that way since late 2007 when the u.s. economy went into a recession, and how do americans feel about which candida
this way. >> paul is a smart guy. he has committed his life to understanding the problems of our economy, presenting a plan for the american people. so i think that paul is going to do -- is going to do a great job. >> vice president biden will do very, very well. he knows what's been going on. he's in touch with with the american public. and i'm just hopeful that mr. ryan will tell the truth. >> it's a one-shot deal. they've got to get it right on this debate. likely what are they focusing on in their rehearsals? >> well, i mean, joe biden told us he's focusing on paul ryan's economic plan as he introduced to the house last or the year before, because they think that is fertile territory to find a lot of ways to try to paint mitt romney and paul ryan as, you know, against the middle class and taxing the middle class. i think joe biden is going to wrap mitt romney and paul ryan as tightly together as possible and just sort of drop the ryan plan on top it to try to implode the pair. they think that is good ground. as far as paul ryan is concerned, i think he is kind a policy wonk. his pro
on that. so whether it's on the economy, whether it's on leadership, he's now tied with the president. as far as leadership ability is concerned. so i think romney got everything out of that debate and more. >> he certainly did. and if you take a look at -- let me put the numbers back on the screen one more time. earlier this month before the debate, romney was behind the president, the president, 51%, romney, 43%. eight-point difference. now 49% for romney, 45% for obama, a four-point spread. that's a 12-point spread in only, what, three weeks, shall we say? and clearly the major development was his strong performs at that debate. >> you know, wolf, it just shows you that voters are still really weighing the pluses and minuses of these two candidates. what i really need to see, though, to make any judgment about how this is going to really affect the election or how it has affected voters is i need to look in the battleground states, don't you think? you need to look at the battleground state of ohio. you need to look at wisconsin. you need to look at iowa. you need to look at virgin
which came out this morning showing the economy adding 114,000 jobs last month, and the jobless rate falling by .3 to 7.8%. that would be the lowest since president obama took office. now, before we get into what jack welch tweeted, here's how president obama reacted to the economic news. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> president obama on the campaign trail today. now here's what mitt romney said. >> the unemployment rate as you know this year has come down very, very slowly but it's come down nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> he went on to say the country can do better, which is about what you would expect him to say, same as you would expect president obama to say what he said. that's the way the two sides do it, year in, year out, campaign after campaign. what no one
interrupting each other. >> for 3409 minutes voters saw two dramatically different visions on the economy. >> the last people who need help are 120,000 families for another, another 500 billion dollar tax cut over the next ten years. >> our entire premise of these tax reform plans is to grow the economy, and create jobs. >> to national security threats like a nuclear iran. >> and if they get nuclear weapons, other people in the neighborhood will pursue their nuclear weapons, as well. >> war should always be the absolute last resort. >> reporter: for the most part it was a substantive debate between two longtime lawmakers who tried to disagree without being too disagreeable. >> when my friend talks about -- >> reporter: biden avoided any trade mark gaffes but did provide a little levity. >> this is a bunch of stuff. look, here's the deal -- >> what does that mean a bunch of stuff? >> well it means it's simply inaccurate. >> it's irish. >> we irish call it malarkey. >> okay. >>> so much to talk about out of this debate. martha raddat zpchlt, i thought she was terrific. >> absolutely. if the
given the economy -- >> that's not even what i'm getting at. >> people feel fundamentally better about the state of the economy. >> did i say i love jack welch? >> forget what jack welch said. i'm talking about people who are trying to say that perhaps people have given up. and if you look into the numbers of the bureau of labor and statistics put out, the number of people who are discouraged and have given up has gone down in the past year by 235,000. and in the past four years, by over 400,000. that number is being skewed out there by those who want to say that the job numbers aren't what they appear to be. long-term unemployment is still very, very high, but those people are still looking. >> the u-6 number for those cognizant. >> coming up -- >> you're right. republicans are in the dumps. you're right. >> no, they're trying to pretend the numbers that they depend on when they're good in their camp. >> you can't have it all. >> are skewed. >> i don't know. if it continues this way, i think republicans can have it all. >> they're not. not going to have it all. >> coming up -- i'm so
, wouldn't it be nice to have a job creator in the white house? the choice is clear. a stagnant economy that promotes more government dependency, or a dynamic growing economy that promotes opportunity and jobs? mitt romney and i will not duck the tough issues. and we will not blame others for the next four years. we will take responsibility and we will not try to replace our founding principles. we will reapply our founding princip principles. the choice is clear. and the choice rests with you. and we ask you for your vote. thank you. >> and thank you, both, again. thank you very much. this concludes the vice presidential debate. please tune in next tuesday for the second presidential debate at hofstra university in new york. i'm martha raddatz of abc news. i do hope all of you go to the polls. have a good evening. >> that was 90 minutes that felt like it was about nine minutes. a fast-moving intensely combative debate for the vice presidential debate this year, focused on complex substantial issues of foreign policy as much as it focused on economic and social issues, obviously they di
the ayatollahs sees. he sees his economy being crippled. the ayatollah sees there are 50% fewer exports of oil. he sees the currency going into the tank. he sees the economy going into a freefall. and he sees the world for the first time totally united in opposition to him getting a nuclear weapon. with regard to netanyahu, he's been my friend for 39 years. the president has met with him a dozen times and spoken to him as much as he's spoken to nibble. i was -- just before he went to th conrence call with the president, with m talking to netanyahu for well over an hour. in stark relief and detail about what was going on. this is a bunch of stuff. look, here's the deal -- >> what does that mean, a bunch of stuff? >> it's simply inaccurate. >> it's irish. >> we irish call it malarkey. last thing, the secretary of defense hamade iear, w didn't walk anything back. we will not allow the iranians to get a nuclear weapon. what netanyahu held up was when they get to the point they can enrich uranium to put into a weapon. they don't have a weapon to put it into. iran is more isolated today than when we
visions to fix the economy. whiled by continue wants to raise the taxes on the so-called rich. paul ryan called for this plan. >> cut taxes by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible. >> it is mathematically possible. it's been done before. it is precisely what we are proposing. >> it's never been done before. >> it has been proposed. taxes increase. >> now you are jack kennedy. >> when ryan's proposal end up resonating with independent voters with us is lou dobbs. okay, lou, so biden was trying to make this all out to be a bunch of funny biz with the numbers. like these numbers don't add up and there is no way you can do this. you are not giving us enough in the way of specifics. how did riden rate here. >> score this one for congressman ryan. in point of fact he is right. historically it has been done. the concept of reducing marginal tax rates which is the romney plan has been tested and historically and jack kennedy by the day with play a role. and for the record congressman ryan wasn't asserting he was any jack kennedy. it's
on the economy, they were actually basically siding with romney. they were basically willing to give up on obama, say it's failed, and think that romney's competent. where they were having reservations, and why romney was not having the kind of margins he needed was on social issues, abortion, contraception, planned parenthood, things like this. things that have been emphasized by the obama campaign. that might account for what happened in ohio. if that's the case, that would account for, you know, romney telling the editorial board, basically trying to say, you know, hey, women, if you're willing to vote for me on the economy, you don't have to worry about all this abortion stuff. that is certainly a tactic he's used before. ten years ago, the only general election campaign that mitt romney ever ran, the basic problem was the suburban voters were ready to vote for him. the swing voters in massachusetts were ready to vote for him. they didn't want to have all democratic control in massachusetts. they had reservations about him on abortion, because he had already -- he thought he was running for
him on. >> they said that right now if we just passed the stimulus, the economy would grow at 4%. it's growing at 1.3. >> i love my friend here. i'm not allowed to show letters but go on our website, he sent me two letters saying by the way, can you send me some stimulus money for companies here in the state of wisconsin. we sent millions of dollars. you know why -- >> you did ask for stimulus money, correct? >> sure he did. >> on two occasions we advocated for constituents who were applying for grants. that's what we do. we do that for all constituents applying for grants. >> i love that. i love that. this is such a bad program and he writes me a letter saying -- writes the department of energy a letter saying the reason we need this stimulus, it will create growth and jobs. his words. and now he's sitting here looking at me and by the way, that program, again, investigate it. what the congress said was it was a model. less than 4/10 of 1% of waste and fraud in the program. >> you hear the vice present talk about two letters that congressman ryan sent requesting stimulus money for h
administration and libya as opposed to focusing in on issue number one, the economy? >> i think they're going to try and do both. i think the reason they're pounding at the libya issue is at they think there's an opening there. they found a chink in the armor. mitt romney right now is kind of tied with the president in the last poll we looked at on the leadership issue. they want to get an advantage. what they're trying to say and what joe biden said yesterday, if he didn't know, he should have known. the buck stops there. this is a question of who's in charge. what we did hear at the state department hearing is that there is an explanation for this from the state department which is they felt they wanted the libyans to take charge of their own security. and of course the president and the vice president are not involved in every security matter when it comes to embassies. but this being a political year, mitt romney is saying you know what, by implication if i were presidt, i would have known about the security problems. or the security problems would have been fixed o
. >> senator dole, mr. kent would put the american economy in a barrel and send it over the falls. >> i can see my wife. and i think she's thinking i wish you would go out into the private sector. >> i'm going to try to help you do that. >> with all due respect in your plan barack obama's offered a clear plan. >> your plan is a white flag of surrender. >>> happening now, countdown to tonight's vice presidential debate. we're covering it like no other network. first, a cnn exclusive. paul ryan tells us about his preparations to go head-to-head with vice president joe biden. standby. also behind the scenes photos and new details from vice president biden's practice sessions. and new polls from the swing states are coming in. they show why tonight's debate is more crucial than ever for both men at the top of the ticket. i'm wolf blitzer. you're in "the situation room." >>> we're down to only 26 days until the presidential election. and right now joe biden and paul ryan are getting ready for debate night in america. there's intense pressure as the polls show the two tickets are closer than ever. cn
hard on the economy, the numbers. he is a numbers guy. he will try to make sure that what he says coincide with governor romney. vice president biden will try to convince undecided voters and also we think vice president biden will try not to make one of his famous gaffs. >> that's what we were just talking about. randall, live in kentucky, thanks so much. >> should be fun. >> reporter: we hope he does so we'll have something to talk about. >> of course. >> true. [ laughter ] >> thank you, randall. you can catch live coverage of the debate tonight at 6:00 on cbs 5 and cbssf.com if you are not near a tv. >>> 5:08. the oakland as staying alive in the play-offs a big win against the tigers last night and today they will have home field advantage in a do or die game 5. cbs 5 reporter cate caugiran joins us now with more on the as fever. do you have a little bit of that fever? >> reporter: i do. go big or go home? they went big and now they are home. we are happy for that. last night's game definitely ended with some uproar. >> right field base hit seth smith coming around and the oakl
they're talking about, you'll see voters understand that the best plan for moving our economy forward lies with the president. >> most people who were polled, it's not a giant gap, but it's a substantial gap, i think it's fair to say, think that paul ryan is going to win, if you will, win the debate. if you pop up that poll there. what do you think are the biggest strengths and weaknesses? and be genuine, strengths and weaknesses of the vice president? >> at the end of the day, this is a wonderful thing. if you want an authentic politician, there's no more raw, authentic politics than you get from the vice president. he is who he is. and i'm hoping that comes on tonight. because i think the american public are going to see a guy who's really passionate and gets very excited about the dramatic differences. now, that means that sometimes people accuse him of going off-script or whatever. >> which he does. accuse him and he does. >> but that's refreshing to me. i really crave,rom both sides. this is why i liked mccain back in 1992, when he was running. because it was a rawness, it was a
he did? >> i think if joe biden had a good moment on the economy, that was probably it. i think he went into this debate with two goals. the first was to energize the democratic base. everybody knows that he did that. the second was to defend obama's economic policies. the first 15 minutes of the obama/romney debate were romney in this all-out assault that the president didn't really defend all that well. that's what people went away from the first debate thinking. romney has a lot of plans for the economy, obama can't defend what he's done. i don't think that joe biden fixed any of that last night. i think that was probably the weak point for him, defending the obama economic record. >> did congressman ryan defend or at least present a legitimate defense on why he would seek the stimulus? it's one thing to say that constituents wanted it and he was advocating for constituents but at the same time, we all know what he was saying about the stimulus at rallies and in public, not in letters being sent, of course, to the administration. that the rest of the people out there, many of th
Search Results 0 to 49 of about 112 (some duplicates have been removed)